Central Plains Bancshares Inc
For the period ended Dec 31, 2024. Filed Feb 11, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2024 · Filed Feb 11, 2025
CPBI$20.80+0.9%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
CONSOLIDATED STATEMENTS OF INCOME
| For the Three Months Ended December 31, | For the Nine Months Ended December 31, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| (Dollars in thousands) · (Dollars in thousands) | ||||
| Interest and dividend income: | ||||
| Loans—including fees | $5,648 | $4,892 | $16,552 | $13,801 |
| Investment securities | 529 | 442 | 1,594 | 1,229 |
| FHLB stock | 8 | 7 | 24 | 21 |
| Federal funds sold | 62 | 101 | 137 | 190 |
| Total interest and dividend income | 6,247 | 5,442 | 18,307 | 15,241 |
| Interest expense: | ||||
| Deposits | 2,115 | 1,692 | 6,052 | 4,572 |
| Borrowings under FHLB advances | — | 2 | 99 | 104 |
| Total interest expense | 2,115 | 1,694 | 6,151 | 4,676 |
| Net interest income before provision for credit losses | 4,132 | 3,748 | 12,156 | 10,565 |
| Provision for credit losses | 57 | 191 | 56 | 99 |
| Net interest income after provision for credit losses | 4,075 | 3,557 | 12,100 | 10,466 |
| Non-interest income: | ||||
| Servicing fees on loans | 32 | 66 | 100 | 228 |
| Service charges on deposit accounts | 219 | 194 | 610 | 579 |
| Interchange income | 320 | 286 | 968 | 885 |
| Gain on sale of loans | 63 | 60 | 154 | 173 |
| Gain from real estate owned and other repossessed assets, net | — | — | 1 | 4 |
| Other non-interest income | 22 | 284 | 59 | 349 |
| Total non-interest income | 656 | 890 | 1,892 | 2,218 |
| Non-interest expense: | ||||
| Salaries and employee benefits | 1,948 | 1,903 | 5,729 | 5,091 |
| Occupancy and equipment | 266 | 251 | 788 | 752 |
| Data processing | 476 | 459 | 1,460 | 1,366 |
| Federal deposit insurance premiums | 48 | 63 | 141 | 211 |
| Debit card processing | 66 | 66 | 200 | 190 |
| Advertising | 86 | 80 | 232 | 238 |
| Other general and administrative expenses | 650 | 470 | 1,984 | 1,271 |
| Total non-interest expense | 3,540 | 3,292 | 10,534 | 9,119 |
| Income before income tax expense | 1,191 | 1,155 | 3,458 | 3,565 |
| Income tax expense | 240 | 218 | 652 | 709 |
| Net income | $951 | $937 | $2,806 | $2,856 |
| Basic and diluted earnings per share | $0.25 | $0.31 | $0.73 | n/a |
| Weighted average shares outstanding | 3,841,247 | 3,057,992 | 3,826,895 | n/a |
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